definitions 0.0 / 5 ? Economicsaggregate supplyASAQA Created by: ellisha mannCreated on: 27-11-13 18:21 74106389215 Across 1. the process by which any change in a component of aggregate demand results in a greater final change in real GDP (10, 6) 5. the movement of spending and income throughout the economy (8, 4, 2, 6) 7. withdrawals of possible spending from the circular flow of income (8) Down 2. the expected increase in potential output over time (5, 6) 3. additions of extra spending into the circular flow of income (10) 4. the total amount that producers are willing and able to supply at a given price level in a given period of time (9, 6) 6. output, or production, of a good or service per worker per unit of a factor of production in a given time period (12) 8. the growth in aggregate demand outstripping the growth in aggregate supple, resulting in inflation (11) 9. the services provided by the factors of production (6, 8) 10. transfer of assets from the public to the private sector (13)
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